OCR Text |
Show MINES M MINING An assessment of 10 cents a share has been levied by Hie directors of the newly reorganized Nevada-llou.ulas Consolidated Copper company. Employing some 0 men. the ICIora mine in B!aine county. Idaho, will commence operations for the season of 1915 about the middle of April. Mammoth. I'tali. people are feeling feel-ing better than they have been in some little time and from present indications in-dications that camp will soon be back in its old-time form. Copper exports from New York. Philadelphia and Baltimore for the week ended March 11 were t.:'T4 tons. Since March the total is 10.7-1 tons; same period last year 19. oo. Shipments of ore from the mines of Tintic the past week amounted to a total of 74 arloads. This is estimated esti-mated at :!,700 tons, valued at $95,000. It is compared with 7S carloads the previous week. From Provo conies word that a cave has been broken into at the Big Xebo. The formation is lime, with some quartz and galena showing. The adit is in S00 feet and about r0o feet vertically underground. Colonel Charles P. Tasker of Green River was in Salt lake last week. He brings the good word that at last he has oil in the San Rafael district. The past season he and associates have expended $75,000 to $100,000 in that field on wells, roads and other improvements. The department of metallurgical research re-search of the University of Utah is devoting considerable attention to the separation of zinc from ores containing contain-ing lead and other metals. It is one of the greatest problems confronting the nonferrous metallurgical industry at the present time. With the extraordinary foreign demand de-mand for spelter added to the growing grow-ing domestic demand, zinc producers are predicting that the price of the metal will remain well above the 8-cent 8-cent point not only throughout the European war but for considerable time after it ends. The old Maxfield mine in Big Cottonwood Cot-tonwood canyon, near Salt Lake, has been brought back into the producer class of Utah mines. The past week a carload of ore which sampled $30 to the ton was extracted and teamed down the fourteen-mile drive to the American smelter at Murray. Chris Jensen and his miners have struck what is believed to be one of the richest carnotite strikes ever uncovered un-covered in that 'well known distrlot, says the Green River Dispatch. A vein of high grade ore fully six feet wldeo pened up. The vein runs celar through the mountain, probably a mile, cropping out on the other side. The stockholders of the Tamarack & Caster Consolidated Mining company com-pany of Wallace, Idaho, have recently recent-ly been favored with a financial state-ment state-ment showing the condition of the company, from which the following figures are taken: Liabilities, capital $2,000,000; accounts payable. $23,916; I profit and loss $244,572; total $2,-268,66. $2,-268,66. The stock of the Idaho Placer Mines company, capitalized at $1 each, has been listed on the Spokane stock exchange. ex-change. The company was organized under the law of Idaho in 1910. The property of the company, consisting of 1.000 acres of placer ground, is between Newsome and Baldy creeks In the Bitter Root forest reserve in Idaho county, Idaho. No belligerent government has a right to requisition a cargo belonging to a nuetral government, according to a decree given out by th prize court, says a recent cable from London. The question at issue arose over 1.000 tons of copper sent from the t'nited States to Gothenburg, Sweden, and destined lor the use of contractors to the Swedish government. That suit will be filed against certain cer-tain Missouri smellers charging them with being members of a trust, was the announcement made at Jefferson City by Attorney General Barker. Proceedings Pro-ceedings against members of an alleged al-leged combine in the zinc industry were recommended by Assistant Attorney At-torney General Rutherford, who conducted con-ducted an investigation in Joplin. At the recent meeting of the Anieri. can Institute of Mining Engineers in New York. K. P. Mathewson exhibited a brick that had been made from tailings tail-ings of the experimental dotation plant, and announced that the Anaconda Ana-conda company would shortly go into the manufacture of such brick, having already ordered machinery having a capacity of 50,000 brick per day. In normal times Germany ranks second in the production of spelter, being exceeded only by the United States. Germany's output for 191:), the latest available figure, was 2S:t.-113 2S:t.-113 tons, and its consumption 232,000 tons, against 320.283 tons produced in the United States aud 313,300 tons consumed here. The present production produc-tion of Germany is said to be far below the normal, which has resulted in the embargo. T. M. llrennan, manager of the Hunter mine at Mullan, Idaho, is given giv-en a five years' bond on the Idaho Giant mine near Mullan for a total consideration of $100,000, according to terms ratified by the stockholders stockhold-ers of the Idaho Giant in the meeting held at Spokane. In a south drirt off the 1700 level of the Eagle & Blue B'-ll mine at Tin-tic Tin-tic a full face of ore has been opened. Samples from it save returns of 30 ounces silver and 30 per cent lead. This is at a point ISO feet south of the No. 1 raise. The Jumbo Extension Mining company com-pany which on Monday resumed work with about a three-fourths force, after a closedown of two weeks as a result of the Booth apex suit, is now operating operat-ing on a normal scale, says the Gold- field Tribune. There are now on the I mine payroll about forty men, and operations op-erations are being pushed with vigor. Sampling near $1,000, another consignment con-signment of bullion has been received receiv-ed at Salt Lake from southwestern Utah from the Bull Valley Gold Mines property. This makes about $3,000 received in the p3st two months. |